INDUSTRY NEWS

Choice to acquire WoodSpring Suites for $231 million

Choice Hotels International (NYSE: CHH), one of the world’s largest hotel companies, today announced that it has reached a definitive agreement to acquire the brand and franchise business of WoodSpring SuitesSM from WoodSpring Hotels Holdings LLC, a portfolio company of Lindsay Goldberg, for approximately $231 million, subject to customary adjustments. The acquisition will add nearly […]

Downtown plan for dual-brand hotel gets the go-ahead from city

A plan to convert a vacant eight-story office building in downtown Minneapolis into a 203-room, dual-branded hotel is moving ahead after getting city approval for the project. The Star Tribune has an update on the proposal by JR Hospitality and Iowa-based Hawkeye Hotels, which plan to open a Hilton Tru and Home2 Suites hotel at […]

Great Wolf Lodge opens for business in Bloomington

Following a 10-month, $30 million renovation, Great Wolf Lodge has opened to the public with a new adventure park, mini bowling alley and several new restaurants, including a Dunkin’ Donuts. Chicago-based Great Wolf Resorts Inc. acquired the former Water Park of America near Highway 77 and Interstate 35W in February for $39 million. It then […]

First look at Homewood Suites opening in historic downtown Milwaukee building

The Hilton Homewood Suites Milwaukee opened Dec. 14 after a more than $22 million restoration of a historic building. See the attached slideshow to get your first look inside downtown Milwaukee’s newest hotel at 400 N. Water St. in the building that in the past hosted Brett Favre’s Steakhouse and Joey Buona’s restaurant. “Historic renovations […]

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